Technical analysis of GBPUSD Pick GBP/USD for technical analysis today; the current market downturn has helped lower prices on the cold line. The price is falling because of this downtrend line. After finding support at 1.2512, the market bounced...
AUD/USD Fundamental Analysis: Today, I’ve been closely watching the AUD/USD pair, and a few key factors are influencing its movement. China’s latest PMI data came in slightly weaker, which isn’t great for the Aussie given Australia’s trade reliance...
After making a brief technical rebound from the $2,600 level at the beginning of the week, XAU/USD found a bid on a calm Tuesday and rose back to $2,625.00 per ounce. As investors close out the year and wait for further fundamental reasons to spark...
The NZD/USD currency pair traded slightly lower in early Asian trading on Tuesday, hovering around the 0.5635 level in light trading volume. Traders are currently awaiting the release of China's December manufacturing and non-manufacturing PMI data,...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis; the market price is falling. The market respects the trendline too much; the price moves up from the bottom and reaches the trendline, then the market price rises again. So...
